Essential Finance for Board Directors – Intensive Course

What you’ll gain:

• Confidence in reading and interpreting financial statements
• A clear understanding of key metrics and ratios that drive board decisions
• Tools to challenge assumptions and evaluate financial risks and opportunities
• Practical experience through interactive case studies
• The ability to engage in financial discussions with impact

As a board director, your voice matters in shaping strategic and financial decisions. But without a solid grasp of financial fundamentals, it’s easy to feel sidelined. This one-day intensive course is designed specifically for non-financial board members who want to play a more active role in financial board discussions.

• Introduction to Financial Statements and Key Metrics
• Understanding Balance Sheets, Income Statements, and Cash Flow
• Interpreting and questioning financial numbers/assumptions
• Project finance, ROI and NPV, value drivers and free cash flow
• Financial Ratios and what they mean for board decisions
• Practical Exercises and Case Studies

With hands-on exercises and real-world case studies, you’ll build the confidence to oversee financial performance, make prudent budget choices, e and contribute meaningfully to the long-term success of your organization.

Your Facilitators:

• Dr. Rainer Pratl is a senior executive with over 20 years international experience in Finance, Strategy and Governance. His recent work includes senior roles with the CFA Institute and the International Coaching Federation. A recognized board advisor, he has helped shape governance for a wide range of organizations through his work with the Project Management Institute and the Institute of Directors.
• Chris Lemke, MBA, is a management trainer and executive coach with 3 decades of experience and proven track record in industry, academia and consulting. He works with professionals, boards and other teams to improve organizational performance, develop collaboration skills, and increase impact. He is a long-standing board member of CFA Society Luxembourg and has served on the boards in various other organizations.